Commercial Loan Portfolio Manager

3 weeks ago


New York, New York, United States Amalgamated Bank of NY Full time
Job Responsibilities
  1. Provide ongoing daily management of a growing portfolio of loan relationships and promptly respond to incoming requests/inquiries from borrowers.
  2. Prepare and present credit approval memoranda for approval following bank policy guidelines. Writing must be clear, concise, and accurately address the relevant creditworthiness of the borrower.
  3. Request information from borrowers when due, analyze financial statements, structure and underwrite new credit requests such as loan modifications and renewals.
  4. In collaboration with commercial banker, negotiate rates, fees, and terms with clients that meet Bank ROE guidelines.
  5. Work directly with bank's counsel to help prepare loan documentation for borrower to execute.
  6. Manage assigned loan portfolio within bank policy and customer service standards.
  7. Communicate effectively about bank products to customers.
  8. Address issues and provide solutions for existing borrowers.

Requirements: A Bachelor's degree in Finance or Accounting or equivalent experience, 3-5 years prior relevant experience in commercial credit analysis/underwriting/portfolio management, formal credit training, and minimum of five (5) years of underwriting and account management experience within a commercial banking lending environment.


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